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Dec 28, 2012
12/12
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KQEH
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and can lawmakers prevent an economic crisis by agreeing on a fiscal cliff deal? darren gersh reports. >> reporter: here is a measure of how bad things are now in washington. markets rallied on news the house will come back to work on sunday, even though there is no solution ready for lawmakers when they return. and in the senate, which is back at work, republican leader mitch mcconnell warned he would not write a blank check to the white house, though he said he would keep an open mind on anything the president proposes. >> it appears to me the action, if there is any, is now in the senate side and we'll just have to see if we're able, on a bipartisan basis to move forward. >> reporter: senate majority leader harry reid said he too would try to reach agreement. but that was after spending most of the day hammering away at house republicans. reid blamed the current stand off on the inability of house republicans to pass their own plan which would have extended tax breaks for everyone making less than a million dollars a year. >> it's the mother of all debacles. th
and can lawmakers prevent an economic crisis by agreeing on a fiscal cliff deal? darren gersh reports. >> reporter: here is a measure of how bad things are now in washington. markets rallied on news the house will come back to work on sunday, even though there is no solution ready for lawmakers when they return. and in the senate, which is back at work, republican leader mitch mcconnell warned he would not write a blank check to the white house, though he said he would keep an open mind...
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with just days to go until america plunges off the fiscal cliff there is still no deal in sight between the firmly entrenched republicans and democrats millions of americans stand to see stand to see their taxes go up dramatically in two days' time but the sticking point holding up negotiations of the rates for the rich the republicans have rejected any deal that would see those taxes rise while the democrats insist on the wealthy paying up a little more and best investment advisor patrick young says the u.s. is heading towards further recession if it can't occur that spending. i'm really worried going into twenty thirteen i mean ultimately the great thing is that humankind will survive we will all remain the same people but the problem we have is first of all america seems to be heading suicidally towards this thing the fiscal cliff and the possibility that it may enter another leg of recession or possibly even depression as a result of legislators inability to curb their how bit of spending like footballers' wives and then on the other side of the atlantic we also have this problem th
with just days to go until america plunges off the fiscal cliff there is still no deal in sight between the firmly entrenched republicans and democrats millions of americans stand to see stand to see their taxes go up dramatically in two days' time but the sticking point holding up negotiations of the rates for the rich the republicans have rejected any deal that would see those taxes rise while the democrats insist on the wealthy paying up a little more and best investment advisor patrick...
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Jan 1, 2013
01/13
by
KRON
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we're going to give you the late terrell owens fiscal cliff. they reached a tentative deal yesterday, but they will have to go to the house to vote on that and obviously to president obama. we'll let you know what happens with that. here's a live look outside. i can tell you at 4:27 in the morning on any other day would not be as crowded. you can see many cars in that direction still not a problem anywhere in the bay area. welcome back. time now is 4:29 in the morning as we take a live look outside from a roof camera at downtown san francisco. we'll be checking in with erica who has a look at your forecast in just a few minutes from now. now, get this. they had weeks, months to work on it, but of course they waited until the very last minute, scaring the entire nation. a m was proved on tax incruises and spending cuts, possibly avoiding the fiscal cliff. now the m goes to the house of representatives. ed payne has the story. >> reporter: at the stroke of med night, many americans were celebrating and bringing in the new year. but the mood in wa
we're going to give you the late terrell owens fiscal cliff. they reached a tentative deal yesterday, but they will have to go to the house to vote on that and obviously to president obama. we'll let you know what happens with that. here's a live look outside. i can tell you at 4:27 in the morning on any other day would not be as crowded. you can see many cars in that direction still not a problem anywhere in the bay area. welcome back. time now is 4:29 in the morning as we take a live look...
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Jan 1, 2013
01/13
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KPIX
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the last-minute deal that could avoid that "fiscal cliff." when we come back. ,, ,,,,,,,,,, to give a break cancer survivor a lifetime-- that's definitely a fair trade. whoo! you walk with friends, you meet new friends, and you keep those friendships. it was such a beautiful experience. (jessica lee) ♪ and it's beautiful ♪ undeniable (woman) why walk 60 miles in the boldest breast cancer event in history? because everyone deserves a lifetime. visit the3day.org to register or to request more information and receive a free 3-day bracelet today. ♪ building up from deep inside it was 3 days of pure joy. susan g. komen's investments in early detection and treatment have helped reduce breast cancer mortality in the u.s. by 33% since 1990. help us continue serving the millions of women and men with breast cancer who still need us every day. register for the 3-day now. (woman) it's just been an amazing, amazing journey. i love these people. ♪ and it's beautiful dance class, shopping, and more. so do something nice for it. chevron with techron
the last-minute deal that could avoid that "fiscal cliff." when we come back. ,, ,,,,,,,,,, to give a break cancer survivor a lifetime-- that's definitely a fair trade. whoo! you walk with friends, you meet new friends, and you keep those friendships. it was such a beautiful experience. (jessica lee) ♪ and it's beautiful ♪ undeniable (woman) why walk 60 miles in the boldest breast cancer event in history? because everyone deserves a lifetime. visit the3day.org to register or to...
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Dec 29, 2012
12/12
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KOFY
tv
eye 124
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mark matthews has look at the cost of going over the fiscal cliff if we do. >> president is optimistic but if deal can't be reached this weekend he will tell senate leader reid tiny introduce a fall back bill. >> bill on the floor that make sure that taxes on middle class family don't go up. that unemployment insurance is still available for two million people lay the ground work then for additional deficit reduction and economic growth steps to take in the new year that. >> bill ass the president calls the bare minimum isn't what many on capitol hill had hoped for. it pushes off until next year the larger problems of dealing with the debt ceiling and automatic spending cuts. study by george mason university found spending cut will result in two million jobs lost and 215 billion dollar drop in the nation gross domestic product. that's the value of all the goods and services produced. for california it means defense spending would be cut by half billion dollars. 12,000 children from low income family would look the access to head start programs, 2,000 fewer women not given screening for
mark matthews has look at the cost of going over the fiscal cliff if we do. >> president is optimistic but if deal can't be reached this weekend he will tell senate leader reid tiny introduce a fall back bill. >> bill on the floor that make sure that taxes on middle class family don't go up. that unemployment insurance is still available for two million people lay the ground work then for additional deficit reduction and economic growth steps to take in the new year that. >>...
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Jan 1, 2013
01/13
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KPIX
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eye 206
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we have a down tot wire deal. >> the senate passes a bill to ease the pain of the "fiscal cliff." the one final hurtle to cross in the next couple of hours. >> reporter: tens of thousands lined up on the embarcadero to take in the new year's eve fireworks but police say some celebrations turned violent. we'll have the details in a live report. >>> and a ritzy new york couple busted with weapons and a bomb stash. but that's not all. the book that has police so concerned. keep it right here. we'll be back. ,,,, p [ female announcer ] pillsbury crescents on their own are fantastic but add some sauce, pepperoni and cheese and fold up the crescent dough...and presto! tuesday night just became crescent pizza pocket-tastic pillsbury crescents. let the making begin here's a better idea. pillsbury grands! flaky layers biscuits in just 15 minutes the light delicate layers add a layer of warmth to your next dinner. pillsbury grands biscuits dance class, shopping, and more. so do something nice for it. chevron with techron. care for your car. i'm grace lee michelle has the >>> america rings i
we have a down tot wire deal. >> the senate passes a bill to ease the pain of the "fiscal cliff." the one final hurtle to cross in the next couple of hours. >> reporter: tens of thousands lined up on the embarcadero to take in the new year's eve fireworks but police say some celebrations turned violent. we'll have the details in a live report. >>> and a ritzy new york couple busted with weapons and a bomb stash. but that's not all. the book that has police so...
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Dec 31, 2012
12/12
by
WUSA
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the deadline for the fiscal cliff is less than 24 hours away, and there is no deal yet, but members of congress will be back on capitol hill this morning, so we will have all the news from washington in a moment. but first there is breaking news on the condition of secretary of state hillary clinton. >> she's in a new york city hospital this morning being treated for a blood clot. doctors say it's related to a concussion that has kept her out of the office for the past three weeks. margaret brennan is in washington with the latest. margaret, good morning. >> good morning to you. secretary clinton is taking anti-co-ag lands to thin out the blood clots. doctors will report lid monitor her for at least the next 48 hours. >> welcome to the secretary of state. >> secretary of state hillary clinton was admitted to new york presbyterian hospital on sunday after doctors discovered a blood clot during what was termed a follow-up exam to check on her recovery from a recent concussion. clinton's health scare began after she contracted a stomach illness following a whirlwind trip through europe. t
the deadline for the fiscal cliff is less than 24 hours away, and there is no deal yet, but members of congress will be back on capitol hill this morning, so we will have all the news from washington in a moment. but first there is breaking news on the condition of secretary of state hillary clinton. >> she's in a new york city hospital this morning being treated for a blood clot. doctors say it's related to a concussion that has kept her out of the office for the past three weeks....
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Dec 30, 2012
12/12
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WTTG
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. >> reporter: try and hammer out a deal to avoid the fiscal cliff describe the talks as productive but the talks didn't produce an agreement. from the senate floor words of optimism from minority leader mitch mcconnell. >> we are engaged in discussions, the majority leader and myself in the white house in the hopes that we can come forward as early as sunday and have a recommendation. >> reporter: senate majority leader harry reid took a cautionary tone, perhaps to allay the fears of americans who are wondering how going off the cliff will affect their paychecks. analysts say taxes on people making between 50,000 and $75,000 a year will go up an average of $2400. >> whenever we come up -- whatever we come up is going to be imperfect. some people aren't going to like it, some people will like it less but that's where we are. i feel confident that we have an obligation to do the best we can and that was made very clear in the white house. >> reporter: president obama says it's important for congress to vote on some type of package before the fiscal cliff deadline expires. >> if an agreem
. >> reporter: try and hammer out a deal to avoid the fiscal cliff describe the talks as productive but the talks didn't produce an agreement. from the senate floor words of optimism from minority leader mitch mcconnell. >> we are engaged in discussions, the majority leader and myself in the white house in the hopes that we can come forward as early as sunday and have a recommendation. >> reporter: senate majority leader harry reid took a cautionary tone, perhaps to allay the...
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Dec 29, 2012
12/12
by
WUSA
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now, earlier in the fiscal cliff talks, meetings like this had tended to be tense and nonproductive but this meeting gave rise to hopes of a last-minute deal. for the first time in weeks president obama reported genuine progress to averting some part of the so-called fiscal cliff. >> i'm modestly in agreement we'll achieve. >> they're now chasing a much smaller deal than originally sought. the final product if there is one will not include trillions in debt reduction or federal spending or tax code reform. it won't even include across the board spending cuts. it will focus on tax rates and a few spending items. >> that's the bearare minimum we should be able to get done. >> sidelined for now. house speaker john boehner. as they left they sounded like they were closing in on a compromise. >> think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. >> we'll be working hard to try to see if we can get there in the next 24 hours, and so i'm hopeful and optimistic. >> the president said the american public is getting frustrated
now, earlier in the fiscal cliff talks, meetings like this had tended to be tense and nonproductive but this meeting gave rise to hopes of a last-minute deal. for the first time in weeks president obama reported genuine progress to averting some part of the so-called fiscal cliff. >> i'm modestly in agreement we'll achieve. >> they're now chasing a much smaller deal than originally sought. the final product if there is one will not include trillions in debt reduction or federal...
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Jan 1, 2013
01/13
by
KTVU
tv
eye 223
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senate approved a deal to avoid the fiscal cliff this morning. rene marsh is live with what will probably happen after the house reconvenes this morning. good morning, rene. >> reporter: good morning, tori. they should be on capitol hill about in 15 minutes. what we're learning this morning something all of the house republicans will meet to discuss this fiscal cliff package. it's now in their land. what will they do with it -- what will they do? could tomly kate things more -- could -- to complicate things more, eric canter has said they are not sure if they will vote on it today. we're just waiting to see what happens. let's talk about last night. vice president biden was on the hill. biden and senate republican leader, mitch mcconnell, they both worthed together very closely to work out -- worked together to work out this compromise. and we now know that individuals making more than 400,000 and families making more than $450,000 will see their taxes go up. and while those automatic spending cuts are delayed until the beep ginning of march, the
senate approved a deal to avoid the fiscal cliff this morning. rene marsh is live with what will probably happen after the house reconvenes this morning. good morning, rene. >> reporter: good morning, tori. they should be on capitol hill about in 15 minutes. what we're learning this morning something all of the house republicans will meet to discuss this fiscal cliff package. it's now in their land. what will they do with it -- what will they do? could tomly kate things more -- could --...
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791
Dec 31, 2012
12/12
by
KPIX
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. >> congress goes back to work trying to avoid the fiscal cliff. >> how close are we to a deal here? >> we shouldn't be waiting for people to cut deals in back rooms. american people ought to be able to watch the discussion and the debate. >> reporter: a connecticut lawyer is getting heavy criticism because he wants to sue the state over the newtown shooting. >> hello. we didn't do enough. this never should have happened. >>> colts' head coach makes it back to the sidelines three months after being diagnosed with cancer. >> the minute you get the diagnosis, you know, it's like getting hit across the head with a baseball bat. >>> kim kardashian and kanye west are expecting their first child. >> a little shocked. a little surprised. >> if there's no agreement by cliff, economists predict america will go back into a >> we don't want a howard dean sc reamscre. am. >> bungee jumping. >> we might need it. i might then and i might now. >>> i'm norah o'donnell with anthony mason. ch arlichare anlie d gaand yle gaylare e aroff.e off. o'donnell with anthony mason. charlie and gayle are we have
. >> congress goes back to work trying to avoid the fiscal cliff. >> how close are we to a deal here? >> we shouldn't be waiting for people to cut deals in back rooms. american people ought to be able to watch the discussion and the debate. >> reporter: a connecticut lawyer is getting heavy criticism because he wants to sue the state over the newtown shooting. >> hello. we didn't do enough. this never should have happened. >>> colts' head coach makes it...
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3.6K
Dec 28, 2012
12/12
by
WMAR
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cliff in washington. president obama has called the top congressional leaders to the white house this afternoon, for the first talks in more on a month. but hope for a new deal is fading. the senate majority leader is accusing the speaker of running a dictatorship if there's no deal within four days. just about every american will see their taxes go on up. >>> and this morning, more snow is threatening to make holiday travel difficult for millions of americans. as sam has been telling us, snow is falling across the upper midwest and will be moving into the northeast tomorrow. meantime, the recovery from the last storm is just beginning. 135,000 homes and businesses still without power in arkansas alone. many of them could be in the dark through next week. >>> and this morning, russian president vladimir putin has signed a highly controversial bill which bans americans from adopting russian children. dozens of pending adoptions now frozen, even cases where children -- this is heartbreaking -- were just day
cliff in washington. president obama has called the top congressional leaders to the white house this afternoon, for the first talks in more on a month. but hope for a new deal is fading. the senate majority leader is accusing the speaker of running a dictatorship if there's no deal within four days. just about every american will see their taxes go on up. >>> and this morning, more snow is threatening to make holiday travel difficult for millions of americans. as sam has been telling...